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Note 8 - Leases

9 Months Ended

Sep. 30, 2020

8.	Leases

The Company has noncancelable operating leases for offices, manufacturing facilities, warehouse space, automobiles and equipment expiring at various dates through 2024 and thereafter.

The components of lease expense for the three and nine months ended September 30, 2020 and 2019 are as follows:

	Three Months Ended						Nine Months Ended
	September 30, 2020			September 30, 2019			September 30, 2020			September 30, 2019

Operating lease cost	$	565		$	523		$	1,647		$	1,561
Short term lease cost		46			29			131			156
Sublease income		(26	)		(104	)		(158	)		(309	)
Total lease cost	$	585		$	448		$	1,620		$	1,408

Supplemental cash flow information related to the Company's operating leases was as follows:

	Nine Months Ended
	September 30, 2020		September 30, 2019
	(in thousands)
Cash paid for operating lease liabilities:	$	2,041	$	1,815
Right of use assets obtained in exchange for lease obligations:	$	401	$	-

Supplemental balance sheet information related to the Company's operating leases was as follows:

	September 30, 2020			December 31, 2019
	(in thousands)
Operating lease right-of use assets	$	7,927		$	8,463

Current portion, operating lease liabilities	$	2,190		$	2,424
Operating lease liabilities, long term		7,692			8,224
Total operating lease liabilities	$	9,882		$	10,648

Weighted average remaining lease term (in years)	7.6			8.1
Weighted average discount rate		9.2	%		9.2	%

Future minimum lease payments for operating leases, with initial or remaining terms in excess of one year at September 30, 2020, are as follows:

	Operating
	Leases

2021	$	2,198
2022		1,999
2023		1,944
2024		1,897
2025		1,044
Thereafter		5,086
Total lease payments		14,168
Less interest		(4,286	)
Total operating lease liabilities	$	9,882